SpacePay Is Rewriting The Future Of Web3 Payments: Here’s How

The payment industry is seeing new developments almost every day. Merchants and businesses around the world are also trying to accept cryptocurrency.

But the system is still not perfect to offer easy crypto conversion to fiat for merchants. This is where this London-based fintech startup called SpacePay is trying to change the game.

What is all the hype around SpacePay? Can it help merchants and individuals around the world? Let us find out.

What is SpacePay Doing?

SpacePay is a payment protocol. It aims to make crypto payments in retail environments a reality.

SpacePay makes it possible for merchants to accept crypto without worrying about volatility risks. This is done with instant off-ramping.

Crypto payments are immediately converted into the merchant’s native currency.

The platform is terminal-agnostic. This means that it can work with all Android POS terminals.

Security is a top priority for SpacePay. The platform undergoes regular audits to ensure that all transactions are secure. It also ensures trust for both merchants and customers.

What SpacePay Offers for Its Users?

SpacePay is designed to cater to a wide range of users, from individual consumers to payment companies and merchants.

For Individuals

One of the standout features of SpacePay is its compatibility with over 325 digital wallets. This wide range of wallets allows users to pay with their preferred digital assets across various e-commerce platforms and retail stores.

SpacePay eliminates the need to transfer funds between multiple applications or pay hefty transaction fees.

Users benefit from cost-free transactions, making cryptocurrency payments as convenient as traditional methods.

For Payment Companies

Payment companies can adopt SpacePay without incurring additional costs for hosting its APK on their devices.

This maximizes accessibility, ensuring that SpacePay can be integrated into a wide range of POS terminals quickly and efficiently.

For Merchants

Merchants are often worried about accepting crypto payments. This is mainly because of security and volatility worries. SpacePay addresses these concerns head-on.

SpacePay immediately converts crypto to the merchant’s native fiat when a customer makes a payment. This ensures that there is no volatility risk. This feature is particularly important during periods of high market activity.

This feature allows merchants to process transactions swiftly. It also helps in reducing wait times from minutes to just five seconds.

SpacePay’s cheap pricing is a great benefit for merchants. The platform only charges a flat rate of 0.5% per transaction. This is cheaper if you compare it to other traditional payment methods.

SpacePay Presale and How to Buy

The SpacePay presale is open to all participants. In just a few weeks, the project has raised over $280,000.

Here’s how you can be a part of the project and buy $SPY tokens.

Users can purchase $SPY tokens using various cryptocurrencies, including ETH, BNB, MATIC, USDT, USDC, AVAX, BASE or bank cards. The coin currently has a price of $0.00162.

To join the presale, simply visit the official SpacePay website and connect your wallet. You can now enter how much SPY you would like to purchase, and that’s it.

The project has allocated 20% of the SPY tokens for its presale. Additionally, 17% of the tokens are kept aside for user rewards and loyalty.

So, if you join the project now, you may be eligible for future awards. The project has already secured $750,000 from private investors.

This demonstrates that multiple investors have placed their trust in the idea. SpacePay also received the prize for ‘New Payment Platform of the Year’ at the Corporate LiveWire Global Awards 2022-23.

If you enjoy what SpacePay is doing to better the payments industry, you can check out their presale. If the token becomes mainstream on any DEX or CEX, its price is expected to rise.

JOIN THE SPACEPAY (SPY) PRESALE NOW

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